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$720 - $750Studio to 1 Bedroom Apartments Available Jul 10
Encino Terrace Senior
609 Encino Pl NEAlbuquerque, NM 87102
Cheap Apartments for Rent in the Summit Park Neighborhood of Albuquerque, NM from $400 (85 Rentals)
Search the lowest-cost Apartments available for rent right now in the Summit Park area of Albuquerque.
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$756 - $2,614
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Studio to 2 Bedroom Apartments Available NowTotal Monthly Price
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$756 - $2,614
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Union 505
801 Locust Pl NEAlbuquerque, NM 87102
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$764 - $1,090Studio to 2 Bedroom Apartments Available Now
Encanto Lofts Apartments
4501 Shepard Rd NEAlbuquerque, NM 87110
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$794 - $944Studio to 1 Bedroom Apartments Contact Us For Availability
Citadel - Free Utilities
1520 University Blvd NEAlbuquerque, NM 87102
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Rent Specials
$800 - $900Studio to 1 Bedroom Apartments Available Now
The Villas at Uptown
6230 Indian School Rd NEAlbuquerque, NM 87110
2120 Coal Ave SE
AlbuquerqueNM87106
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$800 - $1,000Studio to 1 Bedroom Apartments Available Now
2121 Gold Ave SE
2121 Gold Ave SEAlbuquerque, NM 87106
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$800 - $1,426Studio to 3 Bedroom Apartments Available Now
La Vida Nueva
1200 Dickerson Dr SEAlbuquerque, NM 87106
3204 Comanche Rd NE
AlbuquerqueNM87107
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$834 - $2,869
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$834 - $2,869
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Comanche Wells
3400 Comanche Rd NEAlbuquerque, NM 87107
What Does “Rent Burdened” Mean? How Much Rent Is Too Much
Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.
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$839 - $1,359Studio to 2 Bedroom Apartments Contact Us For Availability
Cedars - Free Cable & Internet*
1700-1901 Indian Plaza Dr NEAlbuquerque, NM 87106
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$850 - $1,8001 to 2 Bedroom Apartments Available Now
Gracey's Nation - Palomas Community
517-521 Palomas Dr SEAlbuquerque, NM 87108
1201 Dickerson Dr SE
AlbuquerqueNM87106
149 Manzano St NE
AlbuquerqueNM87108
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$935 - $1,1952 Bedroom Apartments Available Now
Sandia Shadows
2901 Euclid Ave NEAlbuquerque, NM 87106
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$945
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1 Bedroom Apartment Available NowTotal Monthly Price
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$945
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$945
517 Adams St NE
517 Adams St NEAlbuquerque, NM 87108
915 Walter St SE
AlbuquerqueNM87102
3508 Lafayette Dr NE
AlbuquerqueNM87107
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$999 - $1,4501 to 2 Bedroom Apartments Available Now
Peaks at Sandia View
1501 Indian School Rd NEAlbuquerque, NM 87102
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$1,025
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1 Bedroom Apartment Available NowTotal Monthly Price
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$1,025
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$1,025
412 Columbia Dr SE, Unit A
412 Columbia Dr SEAlbuquerque, NM 87106
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
3209 Burton Ave SE
AlbuquerqueNM87106
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$1,078 - $1,2841 to 2 Bedroom Apartments Available Now
Casa de Sierra Senior Apartments
200 Valencia Dr SEAlbuquerque, NM 87108
604 Arno St NE
AlbuquerqueNM87102
301 Sierra Dr SE
AlbuquerqueNM87108
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$1,100 - $1,2002 Bedroom Apartments Available Now
Zodiac Apartments
419 Vassar Dr SEAlbuquerque, NM 87106
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$1,150 - $2,300Studio to 2 Bedroom Apartments Available Now
De Anza - Nob Hill Luxury Apartments
4307 Central Ave NEAlbuquerque, NM 87108
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$1,150 - $1,2002 Bedroom Apartments Available Now
Four Seasons
120 Cornell Dr SEAlbuquerque, NM 87106
1521 Gold Ave SE
AlbuquerqueNM87106
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$1,236 - $1,901
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$1,236 - $1,901
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Glo Apartments
3901 Indian School Rd NEAlbuquerque, NM 87110
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$1,2501 Bedroom Apartments Available Now
410 Harvard Dr SE, Unit C
410 Harvard Dr SEAlbuquerque, NM 87106
Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between
Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.
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$1,2501 Bedroom Apartments Available Now
410 Harvard Dr SE, Unit 1
410 Harvard Dr SEAlbuquerque, NM 87106
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$1,255 - $1,4002 Bedroom Apartments Available Now
Nob Hill
4949 Roma Ave NEAlbuquerque, NM 87108
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Studio to 1 Bedroom Apartments
Princeton Hall Apartments
318-320 Princeton Dr SEAlbuquerque, NM 87106
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1 to 2 Bedroom Apartments
Columbian Apartments
208 Columbia Dr SEAlbuquerque, NM 87106
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1 Bedroom Apartments
Casa Del Rey Sur
112 Cardenas Dr NEAlbuquerque, NM 87108
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1 to 2 Bedroom Apartments
1405 Gold Ave SE
1405 Gold Ave SEAlbuquerque, NM 87106
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1 Bedroom Apartments
Hacienda Norte Apartments
201 Adams St SEAlbuquerque, NM 87108
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1 Bedroom Apartments
219 Walter St NE
219-223 Walter St SEAlbuquerque, NM 87102
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1 to 2 Bedroom Apartments
Kachina Apartments
301 Harvard Dr SEAlbuquerque, NM 87106
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1 Bedroom Apartments
1516 Tijeras Ave NE
1516-1522 Tijeras Ave NEAlbuquerque, NM 87106
Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting
Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.
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1 Bedroom Apartments
Fair Plaza Apartments
5901 Alice Ave NEAlbuquerque, NM 87110
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1 to 2 Bedroom Apartments
420 Jefferson St NE
420 Jefferson St NEAlbuquerque, NM 87108
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1 Bedroom Apartments
1801 Coal Pl SE
1801 Coal Pl SEAlbuquerque, NM 87106
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1 to 2 Bedroom Apartments
Columbia Apartments
205-209 Columbia Dr SEAlbuquerque, NM 87106
123 Walter St NE
AlbuquerqueNM87102
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Studio Apartments
1611 Gold Ave SE
1611 Gold Ave SEAlbuquerque, NM 87106
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2 Bedroom Apartments
Manzano
129-149 Manzano St NEAlbuquerque, NM 87108
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1 Bedroom Apartments
Somerset Lofts
700 Truman St NEAlbuquerque, NM 87110
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1 Bedroom Apartments
White Oak Apartments
125 Cardenas Dr SEAlbuquerque, NM 87108
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Studio to 1 Bedroom Apartments
210 High St NE
210 High St NEAlbuquerque, NM 87102
Roommate Matching: Finding the Right Fit and Avoiding Pitfalls
When searching for a roommate, follow this list of essential steps and set clear expectations to create a solid foundation for a harmonious living situation.
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Summit Park, Albuquerque, NM Local Guide
How much does it cost to rent an apartment in Summit Park?
| Bedroom | Average Rent | Cheapest Rent | Highest Rent |
|---|---|---|---|
| Summit Park Studio Apartments | $928 | $720 | $1,661 |
| Summit Park 1 Bedroom Apartments | $1,133 | $750 | $1,890 |
| Summit Park 2 Bedroom Apartments | $1,464 | $925 | $2,407 |
| Summit Park 3 Bedroom Apartments | $1,367 | $1,050 | $1,625 |
Note: Properties with the Total Monthly Price badge include all required fees. Hover over the badge for details.
Browse Apartments in this Neighborhood
There are currently 85 rentals with your search options within a 2 mile radius of the Summit Park Neighborhood of Albuquerque, NM.
See all Apartments in AlbuquerqueExplore Albuquerque
Summit Park, Albuquerque, NM Local Guide
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Cheapest Available Summit Park Apartments for Rent
The cheapest available apartment rental in the Summit Park area of Albuquerque, NM is a Studio unit found at Union 505 priced from $756. Encanto Lofts Apartments has the second lowest priced unit, which is a Studio apartment currently listed from $764. Here are the most affordable Summit Park apartments for rent in Albuquerque, NM:
| Apartment Listing | Model Name | Bed/Bath | Priced From |
|---|---|---|---|
| Union 505 | Studio | Studio,1BA | $756 |
| Encanto Lofts Apartments | Juniper - Studio + Den | Studio,1BA | $764 |
| The Villas at Uptown | Studio Upgrade | Studio,1BA | $800 |
| Casa Dos Santos Apartments | Studio 520 | Studio,1BA | $845 |
| 2121 Gold Ave SE | 2121 Gold Street SE - Unit 13 | 1BR,1BA | $850 |
| Gracey's Nation - Palomas Community | 1 Bed, 1 Bath | 1BR,1BA | $850 |
| Sandia Shadows | 2bd/1ba | 2BR,1BA | $935 |
| Comanche Wells | A1 | 1BR,1BA | $936 |
| Peaks at Sandia View | 1x1R-638 | 1BR,1BA | $999 |
Best Value Apartments for Rent in Summit Park, NM
As of July 05, 2026 the best value apartment in the Summit Park area is the $1.15 price per square foot 2br apartment corner unit Model at Four Seasons in the in the Southeast Quadrant neighborhood starting from $1,150. The second greatest value Summit Park apartment is the Ele Model at Large Quiet Two Bedroom starting at $1,350 with a $1.45 price per square foot in the Netherwood Park neighborhood. Here is today’s list of the best values for Summit Park apartments based on price per square foot:
| Apartment Listing | Model Name | Bed/Bath | Price Per Sq.Ft. |
|---|---|---|---|
| Four Seasons | 2br apartment corner unit | 2BR,1BA | $1.15 |
| Large Quiet Two Bedroom | Ele | 2BR,2BA | $1.45 |
| Sandia Shadows | 2bd/2ba | 2BR,2BA | $1.26 |
| Nob Hill | 2.1.5 | 2BR,1.5BA | $1.55 |
| Marquee Village Apartments | KaloDuo | 2BR,1BA | $1.51 |
| Gracey's Nation - Palomas Community | 2 Bed, 1 Bath | 2BR,1BA | $1.23 |
| Villas Del Cielo | 1 Bedroom | 1BR,1BA | $1.41 |
| 517 Adams St NE | 517 Adams St NE | 1BR,1BA | $1.22 |
| Casa de Sierra Senior Apartments | One Bedroom | 1BR,1BA | $1.55 |
| Peaks at Sandia View | 1x1-638 | 1BR,1BA | $1.57 |
The Student's Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
Find your perfect place in ABQ! Explore the best neighborhoods near CNM and UNM that support a vibrant student life, from study spots to family-friendly resources.
Read Article
Don't Settle: How to Negotiate Your Apartment Lease and Save Money
Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.
Read ArticleReal Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University
From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.
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The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.
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Pet Friendly LifestyleSummit Park, Albuquerque, NM
Ranked #127
Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.
Pet Friendliness Lifestyle Score
4.0Pet Friendly
Best Local Schools in Summit Park, Albuquerque, NM
School data provided by Great Schools
Lifestyle Ratings
ApartmentHomeLiving brings you Lifestyle Ratings of neighborhoods, cities and towns, and rental properties across New Mexico and customized analysis for Albuquerque, New Mexico. Our Lifestyle Ratings help you zero-in on the perfect place to call home. This takes in many factors including our Star Ratings to compare for the best proximity to parks and outdoor amenities, luxury amenities, kid and pet-friendly communities, availability of transit options, and how walkable or bikeable each community and area is. These search options are in the site filters at the top of this page.
Frequently Asked Questions about Cheap Summit Park Apartments
What is a cheap apartment in Summit Park?
A cheap apartment is any apartment up to the 30% percentile of cost for the area, which in Summit Park is under $999.
What is the price of a cheap apartment in Summit Park?
The cheapest apartment in Summit Park is Encanto Lofts Apartments which is listed at $835, while the average apartment in Summit Park costs $1,426.
What types of apartments are the cheapest in Summit Park?
Student, low-income, and by-the-bed apartments are typically the cheapest rentals in most cities, though they require qualifying criteria to rent. There are 8 regular apartments in Summit Park that we think qualify as ‘cheap apartments’ that do not have special requirements to apply to rent.
How do the prices of cheap apartments compare to the average apartment in Summit Park?
Cheap apartments in Summit Park have an average cost of $295 which is $1,131 cheaper than the average rent for all rentals in Summit Park.
Expert Rental Resources
The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.
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A Local Experts Guide To The Best Budget-Friendly Neighborhoods to Rent in Albuquerque
Written by: Esther Lombardi
Albuquerque, New Mexico, offers culture, diversity, and beautiful landscapes. Each neighborhood blends historic charm with nature, education, and entertainment.
The Students Guide to Albuquerque: Top Neighborhoods That Put CNM and UNM Life Within Reach
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There’s more to Albuquerque than just the breathtaking landscapes and tasty green chilies. As both a student and a parent, I see Albuquerque as a learning hub that nurtures curiosity and encourages growth and enrichment.
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For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.